The branch of economics that examines how economic decisions are made by individual businesses, households, and industries. In contrast, macroeconomics analyzes big-picture economic decision-making throughout the economy and examines the effect that employment or inflation is likely to have on the economy. See also macroeconomics.
Tansy is a common European herb and the scientific name of Tansy is Tanacetum Vulgare or Tanacetum Annuum. The essential oil of Tansy is extracted by steam distillation of all the plant parts. The chief components that form this essential oil are artemisone, borneol, camphone, camphor, isopinocamphone, piperitone, and thujone.
By Bonnie L. Grant. Tansy is an herbaceous perennial plant, often deemed as a weed. Tansy plants are common in the United States, particularly temperate regions. The scientific name for common tansy, Tanacetum vulgare, may be an assertion to its toxic properties and invasive nature.ow to Keep Tansy from Taking Over. Tansy is a Class C noxious weed in parts of the western states. The plants were originally introduced as decorative flowers and then became ânaturalizedâ in the U.S. The plant was once an important part of herb gardens and used to treat colds and fevers.